We're logging you in...
Saved successfully!

UFT

UFT develops and commercialises on-demand ridesharing technology for transit operators and authorities.
CLAIMED
FUNDRAISING
Request Introduction
Company was reported as not operating anymore on Apr 11, 2020
UFT is built on the commitment to improve public transit to the point that people prefer it over their car. Universal access to smart mass-transit is the only way to combine the need for convenient mobility with the reduction of per capita emissions. Their revolutionary technology and concepts empower public transit operators to efficiently match complex demand with supply and continuously improve their transportation network based on user and driver generated information and third-party mobility-related data. The platform leverages the enormous power of information passengers and drivers actively share via their app and combines it with third-party mobility-related data to continuously analyse demand and to model user behaviour. Based on this analysis, in a process inspired by nature, supply is constantly optimised. Their technology allows operators to relocate stops and change routes on an ongoing basis, while measuring and responding to real time drivers and passengers' behaviour. E.g. stops that are utilised by passengers will remain in the system, while underutilised stops are relocated. Their innovative supply optimisation concept lets bus lines evolve organically. Like the roots of a tree, the transport network grows continuously based on an ongoing demand-supply feedback loop. UFT's technology turns every public transit operator into a smart transportation company.
Industries
Enterprise Software, Mobile Apps, Public Transportation, Ride Sharing, Software, Transportation, Travel
Location
Luxembourg, Luxembourg, Luxembourg
Founded
2016
Employees
11-50
Stage
Seed
Social
Acquired By

Funding

🔥 UFT is looking for new investment opportunities.
Request introduction if you're interested.
2078584
Total funding
Investors
1
Number of rounds
Top investors
Last Funding Type
Seed

Team

Founders
Jean-Luc Rippinger, Nicolas Back
🔓 Owner Login / Claim Ownership